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DE KRINGLOOPWINKEL DELTAGROEP

Active
Non-profit associationfounded 199531 yrs activeWarande(Heu) 9, 8501 Kortrijk, BelgiumKBO/BCE: BE 0455.224.265
Summary

DE KRINGLOOPWINKEL DELTAGROEP has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.0m and a net result of €61,321. Equity is growing by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 67% of 12386 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Risk analysisWatch ReportCompare
DE KRINGLOOPWINKEL DELTAGROEPActiveChecked score 96/100
Risk analysis ReportCompare

Overview

Activity
Retail sale of second-hand clothing
NACE 47792NACE 52502Social work activities without accommodation NACE 88993
#4 employer in Kortrijk, Wholesale and retail trade sector13 sites
Size
€7.1mturnover 2025
Staff
234.3 FTE
Equity
€7.0m
Profit
€61,321
Financial health
96 Excellent Checked score 2025
Bankruptcy chance 12 m
< 0.1%
Structure
Board
11 members
Auditor: Moore AuditAccounts 53 d early
Why 96- Liquidity: current ratio 1.01, cash €343,552- Size: turnover €7.1m, 234.3 FTE, total assets €13.1m+ Legal form Non-profit association+ Founded in 1995Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Better than 66% of its sector peers (NACE 47, medium-sized)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 79-1
equity 53.8% of total assets
Liquidity 46-4
short-term debt 21.6% · cash 2.6%
Profitability 75-4
return on assets 0.5%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (388 companies)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● 0.0% vs 11-2024 01-2025: < 0.1%● 0.0% vs 12-2024 02-2025: < 0.1%▼ -4.0% vs 01-2025lowest value 03-2025: < 0.1%● 0.0% vs 02-2025lowest value 04-2025: < 0.1%● 0.0% vs 03-2025lowest value 05-2025: < 0.1%▲ +4.2% vs 04-2025 06-2025: < 0.1%● 0.0% vs 05-2025 07-2025: < 0.1%▲ +16.0% vs 06-2025 08-2025: < 0.1%● 0.0% vs 07-2025 09-2025: < 0.1%● 0.0% vs 08-2025 10-2025: < 0.1%● 0.0% vs 09-2025 11-2025: < 0.1%● 0.0% vs 10-2025 12-2025: < 0.1%● 0.0% vs 11-2025 01-2026: < 0.1%● 0.0% vs 12-2025 02-2026: < 0.1%● 0.0% vs 01-2026 03-2026: < 0.1%● 0.0% vs 02-2026 04-2026: < 0.1%▲ +3.4% vs 03-2026 05-2026: < 0.1%● 0.0% vs 04-2026 06-2026: < 0.1%▲ +3.3% vs 05-2026 07-2026: < 0.1%▲ +12.9% vs 06-2026highest value 08-2026: < 0.1%● 0.0% vs 07-2026highest value 09-2026: < 0.1%● 0.0% vs 08-2026highest value 10-2026: < 0.1%● 0.0% vs 09-2026highest value
  • Legal form Non-profit association lowers the probability
  • Liquidity: current ratio 1.01, cash €343,552 raises the probability
  • Founded in 1995 lowers the probability for this profile
  • Size: turnover €7.1m, 234.3 FTE, total assets €13.1m raises the probability for this profile
Credit up to €650,000 at 30 days acceptable
Liquidity tight (current ratio 1.01 against 1.74 in 2024; short-term debt: 21.6% and cash: 2.6% of total assets), and 46.2% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, medium-sized). Better than this share of them on solvency 79%, liquidity 61%, profitability 78%, growth against the median 44%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Legal form Non-profit association
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Liquidity: current ratio 1.01, cash €343,552
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1995
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Size: turnover €7.1m, 234.3 FTE, total assets €13.1m
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
53 d early
2024
37 d early
2023
61 d early
2022
56 d early
2021
68 d early
2020
67 d early
2019
25 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 52 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 5 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
06-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Resignation: Desmet Rik (lid van het…Reappointments: Bastiaens Ronald, Himpe Ivan…
  3. Weakest financial yearnet €61,321 ▼75.5%

Key points

  • Caution: Result fell in 2025from €250,522 to €61,321 ▼ 75.5% View
  • Positive: Among the best 5% on equitysector median €240,368 · 12,398 companies €7.0m View
  • Positive: 5 years of growth in a rowturnover 2025: €7.1m 5 years View
  • Flemish supportawarded 2022 - 2025 €13.3m View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • A director leftlatest change 08-12-2025 · 11 in office 1 left View

By topic

Financials

Fiscal year
2025
Turnover
€7.1m
Profit
€61,321
Solvency
53.8%
Turnover▲ 4.7%
Net result
20182025
Go to Financials

Timeline

Events
32
Since
2006
Next accounts
by 31-07-2027
  1. 08-06-2026Annual accounts filed
  2. 12-05-2026Resignation: Desmet Rik (lid van het bestuurscomité…
  3. 31-12-2025Weakest financial year
Go to Timeline

Company details

Sites
13
Legal form
Non-profit association
Activity
Retail sale of second-hand clothingNACE 47792
Founded
07-04-1995
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
A) de maatschappelijke en professionele participatie van langdurig werklozen, personen met…
Go to Articles of association

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies

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